Event Brief
Pentagon seeks billions from Congress over Iran war costs
Filed: Jul 22, 2026 at 1:07 PM ET
Summary: Defense Secretary Pete Hegseth says the Iran war is expected to cost $37.5 billion.
WHO: Pete Hegseth
WHAT: Said the Iran war is expected to cost Americans $37.5 billion and sought billions from Congress
WHEN: Jul 21, 2026 at 6:37 PM ET
WHERE: USA
WHY: The Pentagon estimates the Iran war will cost Americans $37.5 billion, up from an earlier $29-billion estimate.
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